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INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | Other intangible assets–net in the consolidated balance sheets consist of the following at September 30 (in millions):
| 2024 |  | 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Trademarks and trade names | $ | 1,165 |  |  | $ | — |  |  | $ | 1,165 |  |  | $ | 1,019 |  |  | $ | — |  |  | $ | 1,019 |
Technology | 2,510 |  |  | 1,003 |  |  | 1,507 |  |  | 2,124 |  |  | 888 |  |  | 1,236 |
Order backlog | 61 |  |  | 13 |  |  | 48 |  |  | 7 |  |  | 6 |  |  | 1 |
Customer relationships | 895 |  |  | 175 |  |  | 720 |  |  | 623 |  |  | 136 |  |  | 487 |
Other | 12 |  |  | 6 |  |  | 6 |  |  | 9 |  |  | 5 |  |  | 4 |
Total | $ | 4,643 |  |  | $ | 1,197 |  |  | $ | 3,446 |  |  | $ | 3,782 |  |  | $ | 1,035 |  |  | $ | 2,747 |
Schedule of Acquired Indefinite-lived Intangible Assets by Major Class | fiscal year ended September 30, 2024 are summarized in the table below (in millions):
| Gross Amount |  | Amortization Period
Intangible assets not subject to amortization: |  |  |
Goodwill | $ | 1,349 |  |  |
Trademarks and trade names | 142 |  |  |
| 1,491 |  |  |
Intangible assets subject to amortization: |  |  |
Technology | 366 |  |  | 20 years
Order backlog | 56 |  |  | 1 to 3 years
Customer relationships | 258 |  |  | 20 years
| 680 |  |  |
Total | $ | 2,171 |  |  |
Schedule of Aggregate Amortization Expense | Information regarding the amortization expense of amortizable intangible assets is detailed below (in millions): Annual Amortization Expense:
Fiscal Years Ended September 30, |
2024 | $ | 161 |
2023 | 139 |
2022 | 136 |
Schedule of Finite-Lived Intangible Assets, Future Amortization | Estimated Amortization Expense:
Fiscal Years Ended September 30, |
2025 | $ | 196 |
2026 | 179 |
2027 | 169 |
2028 | 164 |
2029 | 160 |
Summary of Changes in Carrying Value of Goodwill | The following is a summary of changes in the carrying value of goodwill by segment for the fiscal years ended September 30, 2023 and 2024 (in millions):
| Power & Control |  | Airframe |  | Non-aviation |  | Total
Balance at September 30, 2022 | $ | 4,155 |  |  | $ | 4,393 |  |  | $ | 93 |  |  | $ | 8,641 |
Goodwill acquired during the period (Note 2) | 12 |  |  | 244 |  |  | — |  |  | 256 |
Purchase price allocation adjustments | 4 |  |  | 3 |  |  | — |  |  | 7 |
Currency translation adjustments and other | 23 |  |  | 61 |  |  | — |  |  | 84 |
Balance at September 30, 2023 | 4,194 |  |  | 4,701 |  |  | 93 |  |  | 8,988 |
Goodwill acquired during the period (Note 2) | 786 |  |  | 563 |  |  | — |  |  | 1,349 |
Purchase price allocation adjustments (1) | — |  |  | 35 |  |  | — |  |  | 35 |
Currency translation adjustments and other | 40 |  |  | 7 |  |  | — |  |  | 47 |
Balance at September 30, 2024 | $ | 5,020 |  |  | $ | 5,306 |  |  | $ | 93 |  |  | $ | 10,419 |
(1)Primarily related to opening balance sheet adjustments recorded from the fiscal 2023 acquisition of Calspan. Refer to Note 2, “Acquisitions,” for further information.

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